A proposed scheme to construct a brand new airport on an island in the Thames Estuary looks set to be rejected, which is bad news for Boris Johnson - who backed the proposals - and possibly for people living in Heathrow's flightpath.
One of Britain's most influential and best known fund managers has decided to sell his holding in HSBC due to fears it will be hit with huge fines.
The new boss of Tesco yesterday said the supermarket needed 'urgent' change to stem its decline. On his first day in the job Dave Lewis told staff 'we have to take our destiny in our hands' and warned of major reforms to all parts of the company.
Britain's manufacturers received a fresh warning shot yesterday as it emerged that the sector had endured its worst performance in 14 months.
Manufacturing is growing at its weakest rate in 14 months as firms feel the effects of flagging exports and slowing orders, according to the latest survey snapshot of the sector.